Our Future Economy, Jobs, Banking, And Governance – Part2

One Possible Outcome – Future demographic impact on the global economy
Developing or emerging nations are still growing in population, are at a much younger average age, and are eager to own more goods. They do not yet have the long life span seen in advanced nations, and hence a larger proportion of their population remains as consuming spenders. Their spending patterns will promote the kind of consumer economic model that had existed in the more developed world of Europe and North America in the last century. Accordingly, consumer spending of emerging nations can be projected to rise for decades.